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Arianne Phosphate
(DAN)
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Rating:42Neutral
Price Target:
C$0.29
▼(-12.73% Downside)
Action:Reiterated
Date:09/17/26
The score is driven primarily by weak financial performance (pre-revenue operations, negative EBITDA, and ongoing operating/free-cash-flow burn), which outweighs the balance-sheet support from positive equity and moderate leverage. Technical indicators also point to weak momentum with the price below key moving averages and subdued RSI/stochastic readings. Valuation is difficult to support given the negative P/E and lack of dividend yield.
Positive Factors
Lac à Paul project focus
Concentrating resources on a defined phosphate development project gives Arianne a clear strategic direction and a potential path toward future commercial operations. Progress at Lac à Paul could establish an operating platform in the fertilizer raw-materials chain over the next several years.
Negative Factors
Pre-revenue operating model
The absence of commercial revenue means Arianne has not yet demonstrated operating scale, customer conversion, or repeatable sales economics. Until the project reaches production, financial results remain dependent on development progress and access to funding rather than internally generated business revenues.
Read all positive and negative factors
Positive Factors
Negative Factors
Lac à Paul project focus
Concentrating resources on a defined phosphate development project gives Arianne a clear strategic direction and a potential path toward future commercial operations. Progress at Lac à Paul could establish an operating platform in the fertilizer raw-materials chain over the next several years.
Read all positive factors
Arianne Phosphate (DAN) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$73.15M
Dividend YieldN/A
Average Volume (3M)152.46K
Price to Earnings (P/E)27.7
Beta (1Y)0.61
Revenue GrowthN/A
EPS Growth98.72%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.01
Shares Outstanding235,954,390
10 Day Avg. Volume104,105
30 Day Avg. Volume152,463
Financial Highlights & Ratios
PEG Ratio-10.21
Price to Book (P/B)1.38
Price to Sales (P/S)0.00
P/FCF Ratio-18.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Arianne Phosphate Business Overview & Revenue Model
Company Description
Arianne Phosphate Inc. is a Canadian company primarily engaged in identifying and developing mineral assets across the country. Its principal endeavor involves advancing the Lac à Paul phosphate rock project, located within Quebec's Saguenay-Lac S...
How the Company Makes Money
Arianne Phosphate does not have publicly available evidence of sustained commercial production revenues; its business model is primarily that of a pre-revenue resource developer advancing a phosphate project toward construction and operation. In a...
Arianne Phosphate Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
52
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -173.33K | -27.54K | -37.91K | -7.05K | -91.18K | -75.09K |
| EBITDA | -2.19M | -2.35M | -1.99M | -1.97M | -1.62M | -4.38M |
| Net Income | 2.51M | 42.18K | -10.99M | -699.00K | -9.10M | -11.22M |
Balance Sheet | ||||||
| Total Assets | 64.73M | 81.44M | 68.11M | 66.80M | 66.63M | 67.85M |
| Cash, Cash Equivalents and Short-Term Investments | 883.73K | 2.08M | 4.47M | 3.25M | 3.24M | 5.03M |
| Total Debt | 27.64M | 30.47M | 32.98M | 24.27M | 25.89M | 18.55M |
| Total Liabilities | 31.60M | 50.00M | 38.62M | 28.23M | 30.09M | 22.58M |
| Stockholders Equity | 33.13M | 31.44M | 29.49M | 38.57M | 36.53M | 45.27M |
Cash Flow | ||||||
| Free Cash Flow | -2.29M | -2.35M | -2.40M | -1.76M | -1.91M | -2.53M |
| Operating Cash Flow | -2.23M | -2.22M | -2.21M | -1.51M | -1.38M | -1.92M |
| Investing Cash Flow | -33.46K | -139.16K | -166.94K | 2.10M | -534.74K | 773.59K |
| Financing Cash Flow | -29.25K | -40.72K | 3.61M | -595.83K | 139.47K | 5.55M |
Arianne Phosphate Technical Analysis
Neutral
0.33
Price Trends
0.32
Negative
0.36
Negative
0.31
Positive
Market Momentum
>-0.01
Positive
44.10
Neutral
20.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DAN, the sentiment is Neutral. The current price of 0.33 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.32, and above the 200-day MA of 0.31, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.10 is Neutral, neither overbought nor oversold. The STOCH value of 20.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:DAN.
Arianne Phosphate Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$55.53M | -80.95 | -4.84% | ― | ― | 56.25% | |
53 Neutral | C$71.75M | -26.32 | -27.00% | ― | ― | 13.85% | |
45 Neutral | C$12.34M | -3.49 | -306.36% | ― | ― | -442.00% | |
43 Neutral | C$159.72M | -21.68 | -6.82% | ― | ― | -44.87% | |
42 Neutral | C$73.15M | 27.68 | 8.50% | ― | ― | 98.72% |
* Basic Materials Sector Average
TSE:DAN
Arianne Phosphate
0.31
0.14
77.14%
TSE:GSP
Gensource Potash
0.15
0.07
87.50%
TSE:OCO
Oroco Resource
0.49
0.08
19.51%
TSE:TGOL
Thunder Gold
0.17
0.09
100.00%
TSE:WLF
Wolfden Resources
0.07
-0.11
-61.76%
Arianne Phosphate Corporate Events
Executive/Board ChangesShareholder Meetings
Arianne Phosphate shareholders approve AGM resolutions, refresh board leadership
Positive
Aug 28, 2026
Arianne Phosphate reported that all resolutions at its 2026 annual general meeting, covering the fiscal year ended December 31, 2025, were approved by shareholders, including director and auditor appointments and the renewal of its stock option pl...
Business Operations and StrategyRegulatory Filings and Compliance
Arianne Phosphate’s Lac à Paul Project Chosen for Quebec’s New Filon Support Program
Positive
Aug 6, 2026
Arianne Phosphate’s Lac à Paul project has been selected as one of the first beneficiaries of Quebec’s new Filon support service, designed by the provincial natural resources ministry to better coordinate and streamline authorizat...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.